IJM acquires 50% stake in JRL Group to boost UK presence

Quick Summary:

PETALING JAYA: IJM Corp Bhd has completed its acquisition of a 50% equity stake in JRL Group Holdings Ltd for £50mil (RM283mil), via the subscription of new ordinary shares in the UK-based contractor.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Transit-oriented developments IJM Acquisition JRL Group Construction Corporate News /Business/Business News UK Order book

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 15:30:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 367 words

Reading Time: 3 minutes read

Sentences: 10 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28185667

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 28 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 4 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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